Through succession planning, you can ensure the survival of your wealth how you invision to best serve the next generation.

Many were shocked when Gloria Vanderbilt passed away in June of 2019 – not because of her death (the fashion icon and socialite was ninety-five years old), but because she had not left a trust fund for her son, CNN news anchor Anderson Cooper. Of course we’ve heard this before, the most famous example being Warren Buffett, who has stated that his succession plan, is to give away the bulk of his $77 billion fortune rather than willing it to his kids. For most people, the idea of disinheriting one’s children borders on cruelty. For some of the wealthiest, however, it is the ultimate act of love. They worry that kids who inherit fortunes tend to lack the drive, initiative and perseverance needed to succeed on their own. Gloria Vanderbilt was an exception – she inherited $5 million dollars…

Continue ReadingThrough succession planning, you can ensure the survival of your wealth how you invision to best serve the next generation.

Do you have the newest thing in wardrobe closet essentials?

In a previous post we covered the importance of home inventory, or taking a thorough account of your physical assets to determine their value as part of your complete portfolio. The next step is figuring out what maintenance those items require so they retain their value and can be liquidated, donated or bequeathed to your heirs. What you may not have considered is that these assets include not only homes and cars, but the perhaps less obvious personal items, like your wardrobe closet.     If you have a passion for haute couture, you already know that the clothes on your back – literally – are works of art that if properly cared for can appreciate over time. As with any collection, they must be catalogued, complete with detailed descriptions and photographs; you should also establish a clear “provenance,”…

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Atomicorp & EstateSpace Join Forces With RunSafe Security To Supercharge Cyber Defense

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RunSafe Security, the pioneer of a patented process to immunize software from cyber attacks without developer friction, today announced EstateSpace, a financial technology market innovator, as a new customer and a partnership with Atomicorp, a leading open source cloud protection platform. In both cases, RunSafe will help to reduce runtime vulnerabilities and improve protections of open source software and cloud workloads from cyber attacks. Read more

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